Investment Tax Credit for Energy Storage

Energy storage systems are being deployed with residential, commercial and utility applications, helping all generation sources connected to the grid become more efficient and cost-competitive. Encompassing a multitude of technologies, including chemical batteries, thermal, and pumped hydro, energy storage stores excess energy and converts it back to electricity when most needed. This inherent flexibility is critical to building a resilient, reliable and sustainable electrical grid.

On July 17, 2019, SEIA delivered a letter to Congress signed by nearly 1,000 solar companies across the country, urging them to extend the solar Investment Tax Credit (ITC), one of the most successful clean energy policies in history.